Winmark (WINA) Stock Rating Upgraded by BidaskClub

Winmark (NASDAQ:WINA) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

Shares of Winmark (NASDAQ WINA) traded up $1.50 during mid-day trading on Thursday, hitting $128.30. 2,458 shares of the company were exchanged, compared to its average volume of 4,864. The stock has a market cap of $490.30, a PE ratio of 24.48 and a beta of 0.40. The company has a quick ratio of 2.34, a current ratio of 2.35 and a debt-to-equity ratio of -1.82. Winmark has a 12 month low of $109.90 and a 12 month high of $144.10.

In other Winmark news, VP Leah A. Goff sold 2,030 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $128.33, for a total value of $260,509.90. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Mark L. Wilson sold 1,989 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $125.00, for a total transaction of $248,625.00. Following the completion of the sale, the director now owns 32,992 shares in the company, valued at $4,124,000. The disclosure for this sale can be found here. Insiders sold a total of 4,027 shares of company stock worth $510,135 over the last quarter. Corporate insiders own 37.50% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of WINA. Old Mutual Global Investors UK Ltd. purchased a new stake in Winmark in the 3rd quarter worth approximately $114,000. WFG Advisors LP lifted its stake in Winmark by 31.5% in the 2nd quarter. WFG Advisors LP now owns 1,253 shares of the specialty retailer’s stock worth $162,000 after purchasing an additional 300 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Winmark in the 4th quarter worth approximately $192,000. Citadel Advisors LLC purchased a new stake in Winmark in the 3rd quarter worth approximately $208,000. Finally, Eqis Capital Management Inc. purchased a new stake in Winmark in the 3rd quarter worth approximately $212,000. Institutional investors and hedge funds own 49.04% of the company’s stock.

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About Winmark

Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade gently used merchandise. The Company operates through two business segments: franchising and leasing. The franchising segment franchises value-oriented retail store concepts that buy, sell, trade and consign merchandise.

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